Wednesday, March 6, 2013

West Central Ottawa - No TAX real estate opportunity

I have been to the sales center today. They have some nice plans.
In the condo building there is a special with
No property tax for one year
no land transfer tax
no tarion fees
legal fees paid upto $1750
upto $13,000 in upgrades

Price with parking for a two bedroom is $318,565

Monthly mortgage - $1204.77
condo fees - $254
property tax - $0
total cost - $1408.77

I spoke to my property manager and he figures rents are

1 bedroom - $1400
2 bedroom - $1700

1 comment:

  1. Its a nice movement from the
    Mortgage Specialists
    which beneficial to the customers as well as the money lenders.